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Saturday, May 11, 2024

Potash investment upsets locals

Mining project gets lukewarm private sector response

A tunnel at the potash mine run by Asean Potash Chaiyaphum Plc (APOT) in Chaiyaphum’s Bamnet Narong district in 2018. (File photo)

Locals in Chaiyaphum province have expressed alarm after the cabinet’s decision in February to put an extra 90 million baht investment into Asean Potash Chaiyaphum Plc (APOT), seen as a push to revive the local potash mining industry.

APOT’s 60-billion-baht potash mine in Chaiyaphum occupies 9,700 rai of land and has faced strong opposition from villagers and activists for over 20 years. The company has also weathered financial crises over the years, and has sought a capital infusion from Thailand and abroad.

The APOT…

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